Research, Survey and Statistics

Cyber fraud has cost Gloucestershire businesses around £369,800 in the last 13 months, according to Cheltenham-based international law firm, Charles Russell Speechlys – and here are some of the worst scams.

Just one in 700 scams result in a fraud conviction despite rising numbers of investment fraud, Quilter has found.

https://www.ftadviser.com/investments/2021/07/26/fraud-convictions-fall-to-lowest-level-since-2007/

LOCKDOWNS and restrictions in movement in England and Wales saw a spike in online shopping which led to “substantial increases” in computer crimes and online fraud, suggests a recently released data, which also shows some decline in theft and domestic burglary in the year ending March 2021.

https://www.easterneye.biz/online-scams-and-hacking-boomed-during-pandemic/

Research from pollsters YouGov reveals that 25% of UK adults receive some form of scam messaging each day, with a further 39% saying they get them every week and 17% suffering the intrusion once a month.

https://www.forbes.com/uk/advisor/personal-finance/2021/06/11/scams-scandal-quarter-of-brits-hit-daily-by-fraud-attempts/

A third (33%) of influencers in the UK are impacted by fraud, with inauthentic follwers on comments that can skew their effectiveness, according new research.

https://www.netimperative.com/2021/05/31/third-of-influencer-marketers-impacted-by-bot-fraud/

Over £700,000 is being lost to bank transfer scams every day in the UK, revealed the latest research by Which?.

https://www.sharecast.com/news/news-and-announcements--/scammers-steal-pound700000-a-day-from-britons-in-fraudulent-bank-transfer--7956016.html

For many, online banking and credit/debit cards are an essential part of everyday life, as they allow payment towards a multitude of necessities; such as food and utility bills. Despite this, they’re also vulnerable to opportunistic criminals who may defraud an online bank account or use a payment card/cheque that is either stolen, forged, or cloned by them.

https://thefintechtimes.com/do-you-live-in-a-financial-fraud-uk-hotspot/

There were 1,265 cases of cheque, plastic card and online bank account fraud in the West Midlands Police force area in the 12 months from April last year to the end of March.

https://www.expressandstar.com/news/crime/2021/05/21/banking-fraud-victims-in-west-midlands-lost-103m-in-2020-2021/

UK bank customers fell victim to 25,717 recorded cases of cheque, plastic card and online bank account fraud between April 2020 and March 2021.

https://www.yourmoney.com/saving-banking/uk-consumers-lose-160m-to-online-banking-fraudsters/

Marqeta, the global modern card issuing platform, today released the annual findings of a survey of more than 2,000 UK and US consumers, looking at their attitudes and experiences regarding financial fraud.

https://www.finextra.com/pressarticle/87553/covid-19-causes-spike-in-first-time-fraud-victims